Top 10 Mistakes Traders Make (newbie just look it).

[prajurit]

I think you have pointed out exactly the very good points and often the beginners do.
Previously I used to wait for losing trades to reverse
and make a profit but on most occasions I lost a lot.
so it's better to set stop loss in every trading we make to minimize losses .....

[ij999]

Forex market ak high risky business hai agr koi trader es mai small mistake bhe krta hai tou wo loss krta hai. Es lye hum sub trader ko chaheay k jab bhe trade shoro kray tou mistake ko aviod kray tk kam say kam loss ho. Es tarah say ap ki trading bhe behatr ho.

[sentra]

although the money management is important, I think the reason for the great reason for our failure
must always be to have a strategy or to plan trading with it and this means there is always a signal
to go in and beckon to get out and always follow it I think when you trade it Like this we will walk half way to success
good luck

Most traders first enter in the forex market without knowing the knowledge about forex trading
is bad but after entering they try to get more profit and while doing so they put a lot of trading
it is a bad thing they do when trading the goods. should be avoided.
CMIIW

[salimun]

Trading strategy is better than money management. This is because with a good trading strategy, you can always
apply money management and reduce the value of losses that can occur, thus increasing your profit potential
from the balance of trading is endless. If you have a bad strategy, money management will only prolong
your time will survive in trading before getting a margin call.
salam best regard

although the money management is important, I think the reason for the great reason for our failure
must always be to have a strategy or to plan trading with it and this means there is always a signal
to go in and beckon to get out and always follow it I think when you trade it Like this we will walk half way to success
good luck

[bronz]

Trading strategy is better than money management. This is because with a good trading strategy, you can always
apply money management and reduce the value of losses that can occur, thus increasing your profit potential
from the balance of trading is endless. If you have a bad strategy, money management will only prolong
your time will survive in trading before getting a margin call.
salam best regard

[anju28]

Forex ke business me newbies trade ko hamesha apne knowledge par dheyaan deni chhaiye mistakes kam karne ke liye rules. tools aur market me achhe se analysis karni chhaiye tabhi bhi jaldi Baji me trade ko opne nahi karni chhaiye.

[fadly]

lattice achi chance ya signal ko dykh k invest krna tu achi bat hy but too much investment
is not good at all. hamen apni many sizes ko apni invest money k according to rakhna chahye,
agr hmari many size jyada ho gi tu pama nil b ho sakta hy.
becarfull

[amjadali_m]

7# Trading Multiple markets – Most professional traders will cover one or maybe 2 markets and this is where they specialize. New traders will often want to dabble in multiple markets where their information and knowledge is too low. When starting it Is best to concentrate on just one market so you are able to specialize.

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8# Not enough research – Too many new traders are often guilty of not doing their homework or going through subpar research before entering their trade. Research can be critical for understanding seasonal trends, data releases and even patterns. It is better to wait until the research has been properly completed than to jump into a trade prematurely.

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9# Following the herd – Too many new traders hear about certain stocks that are performing well or in the news, or the next in thing. Due to this you can end up paying too much or getting in at the end of a trend. New traders often stay within the trade well after the smart money has left.

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10# Overconfidence – One of the greatest fallacies is to place a few trades and make a nice profit and think it will continue indefinitely. Everyone has heard of beginner’s luck and it is no different in trading. Too many will think after a few trades it is their easy path to riches but this can cause complacency and excessive risk taking.

[jangkung]

Having a loss is better than having a margin call.
and one thing that can keep us from margin call is money management.
This basic rule is actually the most save our account. You do not believe me The fact is,
most traders are lost due to more trading.
accept

[amjadali_m]

1# Letting loses run � One key characteristic of a good trader is to know when to cut his losses. Too many traders bank in the small profit but let their losing trades continue with the hope that they reverse. This can work out a few times but eventually the losses will exceed your account and can wipe you out in one go.

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2# No risk controls – This will normally be in the form of a stop loss to limit the amount of loss you can experience an any one trade. Not putting on a stop loss can be one of the major mistakes trades make. This is because if the market moves against you the losses can mount up fast, especially If you are using leverage. Other traders may also remove stop losses when they are going to trigger in the belief that they will turn around.

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3# Lack of trading plan or will to implement it – When professional get into a trade they have a well thought out plan. This includes entry and exit points, size of trade, amount invested and so on. New traders often go straight in with no plan at all and other quickly abandon it if it goes against them. Make sure you know what you are looking to do before any trade is entered and the trading strategies page can help you get started.

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4# Excessive leverage – Many brokers these days offer massive amounts of leverage to their clients as high as 1000:1 meaning a 0.1% movement in their positions can wipe out the entire account balance. Leverage is a double edged sword and many new traders will love the idea of being able to invest in far larger sums but this can easily lead to a trader blowing up their account in under a day. Due to this if you keep tight stop losses I would not advise over 100:1 which many would still consider high.

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5# Averaging trades – I have made this mistake on many occasions where you get into a position, the market moves against you and you continue to increase your stake to average the price. This is easily done as you are so sure when opening the position, it is good so if you can get it for cheaper it just looks like a bargain. But trading this way can lead to mounting losses if it continues to move against and can lead to you having to close off the full position if the losses get too high.

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6# Trading to Frequently – One common mistake by new traders is they always want to be opening new orders and when trades go against them they want to open up new ones to compensate. The problem is that there is a cost to every trade so the more trades placed the more It can erode ay profits made.